OKCoin showed 15k BTC price due to bug

One of the last Chinese cryptocurrency exchange showed the $15 000 Bitcoin price and drop offline
16 November 2017   918

Yesterday, November 15, due to a technical issue on the platform, the large Chinese cryptocurrency exchange OKCoin began to show the bitcoin price of $ 15,151, after which it went offline. The corresponding screenshots were made by some Twitter users.

CryptoCompare noted that OKCoin got in the break of the space time continuum. 

At the moment of press, OKCoin is online again. Team released official statement regarding this issue.

We sincerely apologise to all OKCoin Users. In response to the inconvenience caused, We would free all trading fees in OKCoin.com from Nov 17 to Nov 24.
 

OKCoin Team

Well, no trading fees for such long period of time is a great compesation to all users. We hope that OKCoin Team won't face any issues in the future.

BTC Volatility to Fall by 98% in a Year

Analyst believe that low volatility indicates a decline in speculative trading 
18 January 2019   91

Since January last year, the first cryptocurrency volatility has decreased by 98%. So, if on January 16, 2018, it was $ 3,468, then a year later - only $ 61, CoinDesk reports.

Note, the daily volatility over the past year decreased from 9.1% to 3.6%, although on December 16, 2018 was about 26%.

In absolute terms, the maximum daily volatility in the first quarter was $ 973, and in the following: $ 345, $ 245 and $ 195, respectively.

At the beginning of 2019, this figure also did not exceed $ 200, and on January 12 it reached a minimum value of $ 45.17.

Analyst stressed that low volatility indicates a decline in speculative trading and an approach to a sharp price movement.

In his opinion, Bitcoin will soon leave the range of $ 3,500- $ 3,700 in favor of the bears. At the moment, the first cryptocurrency is trading at around $ 3,590.